Legal
Privacy Policy
Last updated July 15, 2026
We collect as little as we can and use it only to run the product. Here's what that means.
Who we are
Premiss is operated by LoraLabs, a company based in the EU. We are the controller of the personal data described here. To reach us about privacy, email founders@loralabs.co.
What we collect and why
When you create an account we collect your email and a hashed password. As you use the product we store the strategies you write, your backtests, and the paper simulations you run live. We also keep basic technical data such as your IP address and device type, and any messages you send us.
We may also record how you use the app — the screens you visit and what you click. If you're in the EU, UK, or another region where the law requires consent, this happens only if you opt in when creating your account or later in the app's settings; elsewhere it's on by default. Your code, your messages, and anything you type into forms are masked and never appear in a recording. We use these recordings only to fix bugs and improve the product, and you can turn them off at any time in the app's settings.
We use this data to run the product, keep your account secure, and reply to you. To generate and discuss your strategies, the text you write is processed by an AI provider on our behalf; we don't use your private strategies to train models or show them to other users. Price data shown in the product comes from third-party market-data sources and is not personal data.
Our legal basis
Under EU data protection law we rely on a basis for each use of your data. We process your account and the strategies, backtests, and simulations you run because we need to in order to provide the service you asked for (to perform our contract with you). We process basic technical and usage data on the basis of our legitimate interest in keeping the product secure, working, and improving - balanced against your rights. Where the law requires consent for session recordings (the EU and UK, for example) they run only if you opt in, and you can withdraw at any time in the app's settings; elsewhere we rely on our legitimate interest in improving the product and give you the same setting to turn them off.
Who we share it with
We don't sell your personal data. We share it only with the service providers we use to run Premiss - for hosting, AI, email, and analytics - and only so they can do that job for us. Some are based outside the EU, including the US; where that happens we use the safeguards required by EU law.
Cookies
We use the cookies needed to keep you signed in, plus a small cookie remembering which region you're in, and a privacy-friendly analytics tool that measures usage — linked to your account when you're signed in — without setting any cookies at all. When session recordings are active (you opted in, or you're outside the consent-required regions and haven't turned them off), that tool sets first-party analytics cookies so your visits can be linked together; otherwise the app stays cookie-free beyond sign-in. We don't use advertising cookies or track you across other sites.
How long we keep it
We keep your data while your account is active. When you delete your account we delete it, except for anything we're required to keep by law.
Your rights
You can access, correct, export, or delete your data, and object to how we use it. Email founders@loralabs.co and we'll help. You can also complain to your local data protection authority. If you're in California, you have similar rights and we don't sell or share your data.
Changes
If we change this policy we'll update the date above and, for anything important, let you know in the product.
Questions about your data? Email founders@loralabs.co.